Tapestry Inc’s recent filing unveils that its CFO and COO Roe Scott A. unloaded Company’s shares for reported $2.23 million on Feb 20 ’25. In the deal valued at $86.56 per share,25,727 shares were sold. As a result of this transaction, Roe Scott A. now holds 146,587 shares worth roughly $12.37 million.
Then, Kahn Todd sold 7,786 shares, generating $681,976 in total proceeds. Upon selling the shares at $87.59, the CEO and Brand President, Coach now owns 201,531 shares.
Before that, Howard David E sold 11,917 shares. Tapestry Inc shares valued at $1,048,696 were divested by the General Counsel & Secretary at a price of $88.00 per share. As a result of the transaction, Howard David E now holds 38,609 shares, worth roughly $3.26 million.
Redburn Atlantic upgraded its Tapestry Inc [TPR] rating to a Buy from a a Neutral in a research note published recently. Barclays also remained covering TPR and has increased its forecast on January 08, 2025 with a “an Overweight” recommendation from previously “an Equal weight” rating. Jefferies revised its rating on December 19, 2024. It rated TPR as “a Buy” which previously was an “a Hold”.
Price Performance Review of TPR
On Friday, Tapestry Inc [NYSE:TPR] saw its stock fall -0.24% to $84.39. Over the last five days, the stock has lost -3.77%. Tapestry Inc shares have risen nearly 29.17% since the year began. Nevertheless, the stocks have risen 79.71% over the past one year. While a 52-week high of $90.85 was reached on 02/18/25, a 52-week low of $35.23 was recorded on 01/13/25. SMA at 50 days reached $72.12, while 200 days put it at $51.69.
Levels Of Support And Resistance For TPR Stock
The 24-hour chart illustrates a support level at 82.90, which if violated will result in even more drops to 81.40. On the upside, there is a resistance level at 85.72. A further resistance level may holdings at 87.04. The Relative Strength Index (RSI) on the 14-day chart is 62.92, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.13, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 35.20%. Stochastics %K at 70.18% indicates the stock is a holding.
